Markets Open Higher Amid Nvidia Results and Inflation Report

The S&P 500 and Dow Jones opened higher on Monday with markets focused on Nvidia's results and a key upcoming inflation report. While the Dow rose slightly, the Nasdaq Composite saw a minor drop amid investor caution due to Middle East geopolitical tensions.


Devdiscourse News Desk | Updated: 26-08-2024 19:07 IST | Created: 26-08-2024 19:07 IST
Markets Open Higher Amid Nvidia Results and Inflation Report
This image is AI-generated and does not depict any real-life event or location. It is a fictional representation created for illustrative purposes only.

The S&P 500 and the Dow Jones Industrial Average opened higher on Monday, as investors sharpened their focus on the upcoming results from AI-giant Nvidia and a key inflation report later in the week.

The Dow Jones Industrial Average saw a modest rise of 25.76 points, or 0.06%, reaching 41,200.84.

Meanwhile, the S&P 500 edged up by 5.05 points, or 0.09%, to 5,639.66. The Nasdaq Composite dropped 9.95 points, or 0.06%, to 17,867.85, with geopolitical tensions in the Middle East contributing to investor caution.

(With inputs from agencies.)

Give Feedback